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The Pound is on course to make a second consecutive year of gains against the US Dollar and is holding at a two-year high after data showed that UK house prices climbed for an 11th consecutive month in December. Due to…
The Pound managed to climb to its strongest level in over two-years against the US Dollar as speculation grows that the UK economy will become one of the strongest Western economies over the next few years. The Pound…
Last week’s encouraging UK employment and retail sales figures boosted the Pound against its peers and helped the currency rally against rivals like the US Dollar and Euro. But Sterling stumbled on Friday as although…
Earlier this week the Pound was riding high as impressive UK employment data and rising domestic retail sales added to the brightening picture of the UK's economic recovery. Sterling posted notable gains against peers…
The pound soared yesterday against all 16 of the most actively traded currencies yesterday after much stronger than expected data underlined the economic recovery underway in the UK. Firstly, The Office for National…
The pound continues to slowly give up some of its recent gains. Yesterday, data showed that the UK inflation rate fell unexpectedly from a figure of 2.2% in October to a four-year low of 2.1% in November, ever closer to…
The pound, despite some decent economic data out of the UK and some poor data from the euro zone continues to ebb away from the multi-month highs seen recently. Twice in the last week, the Bank of England (BoE) have…
The pound soared against the Australian dollar yesterday after the British Chambers of Commerce (BCC) upgraded its forecast for UK economic growth in 2014, saying it will bounce back from the "deepest recession in modern…
The US dollar was the main beneficiary of yesterday’s trading session as the bi-partisan deal struck between Democrats and Republicans on the US Federal budget increased speculation that the Federal Reserve may start to…
The pound continued to slip from recent high’s yesterday despite some decent economic data that continue to paint the picture of a sustained economic recovery in the UK. The National Institute of Economic and Social…
The pound gave up some of its recent gains against the euro at the end of the trading week last week after the European Central Bank upgraded the growth prospects for the single currency in 2014. In a quiet news day…
The pound fell yesterday against the majority of the 16 most actively traded currencies despite the announcement from the Bank of England (BoE) yesterday that it is maintaining the benchmark interest rate at 0.5% and its…
The currency markets were more subdued yesterday as the markets await the latest policy decisions from both the Bank of England (BoE) and European Central Bank (ECB) later on today. In the UK, the latest Markit/CIPS…
The pound reaches a new high point against a number of currencies, reaching a level against the Australian dollar not seen since December 2009 and a high point against the South African Rand since October 2008. The…
The pound had a mixed day at the start of the new trading month, hitting fresh highs against the euro, US and Canadian dollars but lost ground against the Aussie and Kiwi dollars on the back of an increase in risk…
